Revenue Generation And Collection

PROPOSALINTRODUTION:It has long been evident that personal income tax in Nigeria has remained the most unsatisfactory, disappointing and problematic of all the taxes in the tax system today. This is in spite of the fact that tax reforms has recently been a key element in economic reform which the country had undergone. It is therefore felt that personal income taxation in Nigeria requires radical handling to ensure that a large chunk of the taxable population does not escape tax.STATEMENT OF THE PROBLEMThe assessment and collection of personal income tax from taxable person have been difficult…